Daily Data

Top Well-Funded Startups In Europe By Country

According to CB Insights, since 2015, investors have put almost $90b in tech ventures across Europe. Last week, the startup intelligence provider published a map of the top-funded startups in every European country, here are some of the key points.

  • OneWeb, a UK startup that’s building a constellation of low-Earth-orbit satellites to provide accessible Internet around the globe has received the most – nearly $3.5b.
  • Fintech startups take the second and third place – the Swedish online payments company Klarna with $1.1b and the German mobile bank N26 with 683m.
  • Fintech startups are also dominating in Eastern Europe – Software Group in Bulgaria has received $17m and FintechOS in Romania follows closely with $16m. Both have developed products that help financial services providers with digital transformation.
  • Currently, eight unicorns can be found in Europe. Besides Klarna and N26, these include BlaBlaCar from France, Vinted from Lithuania, Acronis from Switzerland, Glovo from Spain, OutSystems from Portugal, and Bolt from Estonia.

Company Country Total Funding (m$)
OneWeb United Kingdom 3469
Klarna Sweden 1122
N26 Germany 683
Glovo Spain 513
BlaBlaCar France 449
OutSystems Portugal 422
Picnic Netherlands 329
Vinted Lithuania 260
RELEX Solutions Finland 222
AMCS Group Ireland 202
Trustpilot Denmark 179
Acronis Switzerland 178
Bolt Estonia 177
Tricentis Austria 174
DocPlanner Group Poland 137
Odoo Belgium 104
Job Today Luxembourg 81
ivi Russian Federation 81
Kolonial.no Norway 61
AImotive Hungary 51
Satispay Italy 50
Mews Systems Czech Republic 42
PDFfiler Ukraine 30
Lidyana Turkey 25.17
Capital.com Cyprus 25
Netdata Greece 21
Software Group Bulgaria 17
FintechOS Romania 16
Gambling.com Group Malta 16
Banuba Belarus 12
Minit Slovakia 11
TripCreator Iceland 10
Gjirafa Albania 8.7
Mintos Latvia 7.8
Gideon Brothers Croatia 5.7
Eligma Slovenia 4.4
Content Insights Serbia 3.6

+++ Find the full CB Insights publication Here

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